Four-Building Mixed-Use
7468 Admiral Peary Highway, Cresson, PA 16630
For Sale
$2,500,000
Commercial Sale, Cresson, PA
Property Size13,696 SF
Lot Size0.91 Acres
Price / SF$182.54
Days on Market461
Property Features for 7468 Admiral Peary Highway
General Information
Property type
Property subtype
Zoning
Exterior features
Lot features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Real Estate Included
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
Lang Real Estate
(814) 886-8111
Listed By:
Sean Ford · License #AB069779
(814) 207-9165
Added: Aug 4, 2025
Changed: Nov 2
Last Checked: Nov 7 at 2:06PM
MLS# 78087
Copyright © 2026 Allegheny Highland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property comprises four buildings totaling 13,696 square feet on 0.91 acres. The improvements include a retail building with office, restroom, sales area, and stock room; a former gas station and corner-store building with commercial space on the ground floor; a commercial garage formerly used as a car wash; and a former butcher shop and residence. The second building also contains a currently occupied four-bedroom, one-bath apartment.
Located at 7468 Admiral Peary Highway in Cresson, Pennsylvania, the property carries Commercial zoning and is served by public water and public sewer. Exterior materials include vinyl siding, wood siding, and brick, with both shingle and metal roofing. Additional site features include a private yard and rain gutters. The property was built in 1993 and is heated by natural gas systems, including forced air and hot water heating.
Located at 7468 Admiral Peary Highway in Cresson, Pennsylvania, the property carries Commercial zoning and is served by public water and public sewer. Exterior materials include vinyl siding, wood siding, and brick, with both shingle and metal roofing. Additional site features include a private yard and rain gutters. The property was built in 1993 and is heated by natural gas systems, including forced air and hot water heating.
Key Highlights
- Four buildings on a 0.91‑acre commercial property
- 13,696 square feet of total property size
- Commercial zoning with public water and public sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,902
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,758,040
$2.8M
Cap Rate 7%
$1,970,029
$2.0M
Cap Rate 9%
$1,532,244
$1.5M
Market Conditions
NOI Build-Up for 13,696 SF
Gross rent
$205.4K $15.00/SF
− Vacancy
−$21.6K −$1.58/SF
EGI
$183.9K $13.43/SF
− OpEx
−$46.0K −$3.36/SF
NOI
$137.9K $10.07/SF
Area
Cambria County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,758,040
Cap Rate 7%
$1,970,029
Cap Rate 9%
$1,532,244
Alternative Uses
Best Use
Specialty Retail
$1.97M
$1.72M – $2.30M
NOI $137,902 @ 7.0% cap · market cap 5.52%
Second Best
Retail
$1.93M
$1.69M – $2.25M
NOI $135,180 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$4.13M
$3.62M – $4.82M
NOI $289,260 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
48k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 31%
Groceries 28%
McDonald's
Dining
14,864 visits/mo
0.1 miles
Dollar General
Shops & Services
11,335 visits/mo
0.1 miles
Shop 'n Save
Groceries
10,626 visits/mo
0.2 miles
Dollar Tree
Shops & Services
4,502 visits/mo
0.4 miles
Sunoco
Shops & Services
3,822 visits/mo
0.2 miles
Demographics for 16630, PA
4,679
Population
2,143
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
5.7 sq mi
ZIP Area
821
Density / Sq Mi
$65,034
Median Household Income
$32,172
Median Earnings
$657
Median Rent
$139,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Cambria County, PA
Properties on Market for Mixed-use properties in Cambria County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercially zoned property with multiple buildings, public utilities, and varied existing and former commercial uses.
Where is this mixed-use property located?
The property is located at 7468 Admiral Peary Highway Cresson, PA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four buildings on a 0.91‑acre commercial property; 13,696 square feet of total property size; Commercial zoning with public water and public sewer
